Citic Pacific Special Steel Group Co., Ltd (SHE: 000708)

Citic Pacific Special Steel Group Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	98,852	101,762	85,775	82,910	63,318	61,285
Other Revenue	12,257	12,257	12,569	15,683	12,971	11,335
Revenue	111,109	114,019	98,345	98,593	76,289	72,620
Revenue Growth (YoY)	1.70%	15.94%	-0.25%	29.24%	5.05%	0.60%
Cost of Revenue	98,137	99,569	84,171	82,348	63,207	60,021
Gross Profit	12,972	14,450	14,174	16,245	13,081	12,599
Selling, General & Admin	2,714	2,632	1,816	2,057	2,051	2,235
Research & Development	4,365	4,452	3,851	3,487	2,707	2,786
Other Operating Expenses	-381.18	505.7	515.4	429.2	331	551.33
Operating Expenses	6,719	7,582	6,189	5,982	5,098	5,608
Operating Income	6,254	6,868	7,985	10,263	7,983	6,991
Interest Expense	-1,001	-1,048	-536.18	-609.49	-619.61	-675.35
Interest & Investment Income	301.05	279.48	181.93	168.66	284.11	181.92
Currency Exchange Gain (Loss)	106.27	106.27	39.05	-4.52	47.6	23.15
Other Non Operating Income (Expenses)	-109.96	-45.03	111.52	-220.13	-90.79	-16.69
EBT Excluding Unusual Items	5,550	6,160	7,781	9,598	7,604	6,504
Gain (Loss) on Sale of Investments	-39.06	-39.06	-474.03	-291.18	-212.07	-109.43
Gain (Loss) on Sale of Assets	116.28	115.23	990.35	51.69	20.74	-2.36
Asset Writedown	-99.89	-36.02	-77.24	-179.2	-146.42	-43.56
Other Unusual Items	358.11	358.11	208.78	119.27	236.72	223.74
Pretax Income	5,885	6,559	8,429	9,298	7,514	6,579
Income Tax Expense	461.84	660.52	1,320	1,513	1,478	1,190
Earnings From Continuing Operations	5,423	5,898	7,109	7,786	6,036	5,389
Minority Interest in Earnings	-240.17	-176.86	-3.89	-7.93	-3.6	-2.52
Net Income	5,183	5,721	7,105	7,778	6,032	5,386
Net Income to Common	5,183	5,721	7,105	7,778	6,032	5,386
Net Income Growth	-12.69%	-19.48%	-8.64%	28.94%	11.99%	50.45%
Shares Outstanding (Basic)	5,049	5,047	5,047	5,047	5,047	5,047
Shares Outstanding (Diluted)	5,301	5,260	5,219	5,047	5,047	5,047
Shares Change (YoY)	2.26%	0.78%	3.41%	-	-	10.88%
EPS (Basic)	1.03	1.13	1.41	1.54	1.20	1.07
EPS (Diluted)	1.00	1.11	1.38	1.54	1.20	1.07
EPS Growth	-14.04%	-19.51%	-10.36%	28.85%	11.99%	35.69%
Free Cash Flow	8,270	8,661	11,646	10,421	8,543	5,479
Free Cash Flow Per Share	1.56	1.65	2.23	2.06	1.69	1.09
Dividend Per Share	0.565	0.565	0.700	0.800	0.700	0.588
Dividend Growth	-19.29%	-19.29%	-12.50%	14.29%	19.01%	24.99%
Gross Margin	11.68%	12.67%	14.41%	16.48%	17.15%	17.35%
Operating Margin	5.63%	6.02%	8.12%	10.41%	10.46%	9.63%
Profit Margin	4.66%	5.02%	7.22%	7.89%	7.91%	7.42%
Free Cash Flow Margin	7.44%	7.60%	11.84%	10.57%	11.20%	7.55%
EBITDA	11,957	11,527	11,253	13,350	11,028	9,928
EBITDA Margin	10.76%	10.11%	11.44%	13.54%	14.46%	13.67%
D&A For EBITDA	5,703	4,660	3,268	3,087	3,046	2,937
EBIT	6,254	6,868	7,985	10,263	7,983	6,991
EBIT Margin	5.63%	6.02%	8.12%	10.41%	10.46%	9.63%
Effective Tax Rate	7.85%	10.07%	15.66%	16.27%	19.67%	18.08%
Revenue as Reported	111,109	114,019	98,345	98,593	76,289	72,620
Advertising Expenses	-	23.66	19.39	24.41	22.56	17.43

Source: S&P Capital IQ. Standard template. Financial Sources.